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Trader Sentiment (11/29/2023)

Tekk by Tekk
November 29, 2023
in Trader Sentiment
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Trader Bullishness Score: 75 (66.7% 24h Δ)


Let’s dive into the ct traders’ market outlook over the past 24h.

@Etherean007 stressed the importance of patience in trading instead of impulsively chasing the next big coin.

@Pool2Paulie mocked economic health pessimists and highlighted a disconnect between retail spending data and ct traders’ expectations for market participation.

@HsakaTrades boasted confidently about the market direction, indicating a bullish sentiment and mocking those with low bids.

@RunnerXBT emphasized the ongoing buying pressure and the inevitability of an ETF, signaling a bullish outlook.

@RookieXBT playfully speculated on Bitcoin hitting $42,000 in a week, insinuating bullish momentum.

@CryptoParadyme made several tweets mentioning a return to premium for GBTC and general market absurdity, conveying a mix of criticism and recognition of the current market’s quirks.

@RektProof outlined a bullish scenario for AVAX, looking for upward movement based on technical analysis.

@Etherean007 shared an insight that successful trading might involve opposing the crowd, implying a bullish stance by playing against persistent short sellers.

@SalsaTekila expressed confusion about the strategy of those buying at market price, suggesting the potential value in waiting for dips.

@CryptoParadyme continued sharing his mocking sentiment towards ‘gold bros,’ signaling skepticism of other markets, and questioned the reasons behind $COIN’s rise, looking for drivers of bullish movements.

@deltaxbt paid respects to legendary investor Charlie Munger, hinting at the gravity of traditional investment figures.

@CryptoKaleo shared technical analysis on the Bitcoin ratio and expected trends, hinting at an anticipated uptrend.

@SalsaTekila warned against FOMO buying during strong price surges, implying a potential upcoming opportunity for better entry points.

@CryptoCred shared a straightforward take on trading psychology: you win or you learn, encapsulating the risk-taking essence of trading.

The general sentiment among these traders appears mixed, with a lean towards bullishness tempered by caution, humor, and sometimes sobering realism.



Give us a follow on twitter. We drop trader sentiment as a thread every single day.

Tags: Trader SentimentUpdates
Tekk

Tekk

A humble palm tree that rides waves and writes the best crypto newsletter on the planet | Subscribe https://wavewisdom.beehiiv.com

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